No Result
View All Result
Friday, June 6, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

$21 million urgent Libya funding tip of a $448-million UN donor iceberg

byNigel Ash
April 13, 2016
Reading Time: 2 mins read
A A
$21 million urgent Libya funding tip of a $448-million UN donor iceberg

Planning minister-designate Taher Al-Juaimi (c) today (Photo:UNSMIL)

By Libya Herald reporters.

Planning minister-designate Taher Al-Juaimi (c) today (Photo:UNSMIL)
Planning minister-designate Taher Al-Jehaimi (centre) today (Photo:UNSMIL)

Tunis, 12 April 2016:

The international community is offering Libya and the Government of National Accord  a substantial range . . .[restrict]of projects worth at least $448 million over the next five years.

Some 31 of the 172 projects listed today at a conference in Tunis, hosted jointly by UNSMIL and the UK,  have not yet been allocated funds, so the the total amount finally on offer could approach the half a billion dollar mark. The list of plans runs to 82 pages.

A few of  the projects, such as the EU’s $5-million SeaHorse anti-people-smuggling programme from the Spanish Civil Guard, are of some years standing but have been suspended because of the chaos into which the country has descended.

RELATED POSTS

Following authentication of torture videos, UNSMIL reiterates importance of expediting investigation by Libyan Attorney-General into Derisi’s disappearance and torture

Following reports of military movements and escalating tensions in Tripoli and western region, UNSMIL calls on all parties to urgently de-escalate

But over and above the old money and stalled programmes, some $21 million of urgent new funding is being channeled through the United Nations Development Programme which launched its Stabilisation Facility for Libya at today’s event. GNA planning minister-designate Taher Al-Jehaimi  was a signatory to the accord, which the UNDP described as providing the new government with “very visible and tangible quick wins to the population at a local level”.

Today, the German delegation pledged $11.3 million over two years, the same period as for the USA’s $4 million. The Italians put up $2.27 million, the Qataris $2 million, the UK $1 million and the Swiss $250,000.

Prime minister-designate Faiez Serraj or one of his nominees will chair the facility’s board along with the UN.  A diplomat at the conference told the Libya Herald: “One very important aim is to push funding quickly out to the municipalities who nearly all have elected councillors and mayors. They have been crying out for money. They are set up to spend it usefully”.

The UNDP cash is being earmarked to fix damaged public infrastructure, including hospitals and clinics, police stations, water supply and waste treatment centres as well as electricity distribution. Funds will also be available to help restart businesses wrecked in the fighting. UNDP highlighted the importance of getting all bakeries working again.

In addition to economic recovery, repairing infrastructure and restoring basic services, delegates also focused on migration, governance, human rights and the media. Though there was no specific discussion of how the international community could assist with security,  it was accepted that this had to be a priority if the long list of projects was going to have any chance of being tackled.

Christian Hunt, the British Foreign Office’s MENA was only the first of a number of speakers to refer to the momentum that had been gained by the arrival of the Presidency Council and the need to capitalise upon as quickly as possible.

There was no discussion in the course of the day about enabling Libya to contribute to its own recovery by making available any part of the Libyan funds currently frozen by the UN.

The conference drew delegates from 41 countries, 18 UN bodies as well as the Arab Fund, Arab League, EU, IMF, the World Bank and, slightly oddly, the International Atomic Energy Agency. It was a follow-on from a UNSMIL/UK- chaired donor meeting held in London last October. [/restrict]

Tags: featuredLibyaStabilisation Facility for LibyaTaher Al-JehaimiUKUNDPUNSMIL

Related Posts

Attorney General orders arrests at Jumhouria bank branch for embezzlement
Libya

Sixty-nine accused of 3,130 incidents of forgery in the Civil Registry

June 4, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba hails recent security operations, vows to end militias – warns against illegal eastern parallel spending leading to inflation and LD devaluation

June 4, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Tripoli based Libyan Prime Minister Aldabaiba launches Three-Track Political Initiative

June 4, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba rejects continued spending by eastern Libya government outside the legal budget

June 4, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba hits back at opportunist ‘‘warmonger’’ HoR Speaker Saleh

May 21, 2025
23 unidentified corpses discovered in Abusleem Hospital mortuary fridges
Libya

23 unidentified corpses discovered in Abusleem Hospital mortuary fridges

May 21, 2025
Next Post
Damaged fiber optic cable in east restored

Damaged fiber optic cable in east restored

Clashes continue in Benghazi as militants hit ammunition store in Juliana and Libya air force strikes back in Garyounis

ADVERTISEMENT

Top Stories

  • Work on the five-star Al-Andalus Hotel continuing

    Work on the five-star Al-Andalus Hotel continuing

    0 shares
    Share 0 Tweet 0
  • Signboards for Benghazi’s new airport at Tika go up – UAE’s Global Builders/Terminals company to implement

    0 shares
    Share 0 Tweet 0
  • Tripoli based Libyan Prime Minister Aldabaiba launches Three-Track Political Initiative

    0 shares
    Share 0 Tweet 0
  • Tripoli International Airport to open to private flights and ambulance flights

    0 shares
    Share 0 Tweet 0
  • Aldabaiba hails recent security operations, vows to end militias – warns against illegal eastern parallel spending leading to inflation and LD devaluation

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

LBC signs MoU with Industrial Zones Authority in Benghazi

Work on the five-star Al-Andalus Hotel continuing

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.